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Poster: William Tell Date: Nov 3, 2010 3:10pm
Forum: GratefulDead Subject: Re: A fellow Deadhead's modest proposal (non-Dead non-partisan(?) political)

Ha! That is a great one! Talk about a simpleton with some naive, if well-intentioned, notions about the world! Poor guy, though--dealing with the "tough politicos" (brit/frenchies--amazing, eh?, not to mention his own house stateside) post WWI did put him in his grave...

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Poster: Mandojammer Date: Nov 3, 2010 4:20pm
Forum: GratefulDead Subject: Re: A fellow Deadhead's modest proposal (non-Dead non-partisan(?) political)

I meant the debacle at Jekyll Island - known today as the Federal Reserve.

The very same Federal Reserve that just pimped our grandchildren to the tune of $600 BILLION in brandy, new, all fresh and clean smelling, hopey, changey Treasury bonds to buy by the middle of 2011.

Am I the only one whos blood runs cold when I read the words "The Federal Reserve launched an unorthodox new policy...."?

Why is this not being screeched from the left and right alike? Where is Keith Olbermann with one of his snarky soliloquies. Why isn't that dude Rachel Maddow wrinkling her forehead in mock puzzlement. Why isn't Chris Matthews getting his tongue stuck in his teeth running his pie hole, where is Glenn beck having an apoplectic seizure and meltdown?

None of this is happening because they are all to freaking stupid to understand the implications of piling more unsustainable debt on an already unsustainable debt.

I mean, if the house is going to burn down anyway, let's at least make it a big ass bonfire.

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Poster: William Tell Date: Nov 3, 2010 6:24pm
Forum: GratefulDead Subject: Re: A fellow Deadhead's modest proposal (non-Dead non-partisan(?) political)

Yup, I recalled it, as I am sure we spoke of it here or elsewhere at some pt, but of course, I always think of France and his troubles there...

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Poster: billydlions Date: Nov 3, 2010 4:33pm
Forum: GratefulDead Subject: Re: A fellow Deadhead's modest proposal (non-Dead non-partisan(?) political)

Hey Mando, Have you ever watched Kyle Bass on CNBC? Check out his video (actually go to their website and watch both the videos from August & October). Bottom line is you are correct. We should be very worried.

http://www.cnbc.com/id/15840232/?video=1608686095&;play=1

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Poster: Mandojammer Date: Nov 3, 2010 6:26pm
Forum: GratefulDead Subject: Re: A fellow Deadhead's modest proposal (non-Dead non-partisan(?) political)

Kyle Bass is all over this. I hadn't seen this clip, but he has been hitting this theme for months. Faber did a pretty good job with this one I thought.

I just wish someone would talk about the 800 pound gorilla in the room - the fact that the Fed now has no other options and is essentially in uncharted waters and winging it.

'Scary' comes up a little short I think.